K-Infrastructure, Central Asia… Korea-Uzbekistan, Strengthening Cooperation in Transportation and Urban Development

□  The Ministry of Land, Infrastructure and Transport (  Minister Park Sang-woo) plans to dispatch  a support team led by First Vice Minister Jin Hyeon- hwan to   Uzbekistan for three days  from  April 7 to April 9  to discuss cooperation measures on transportation  infrastructure  and  urban development. 

 The order support team  will  visit   Tashkent , the capital of Uzbekistan  , and support the acquisition  of large-scale infrastructure projects such as  high-speed railways and  airports  through  interviews with the Ministry of Transport .

 ㅇ Afterwards,  we plan to discuss cooperation measures related  to the bio cluster   and  smart cities through interviews with the Innovation Development Agency and  the Pharmaceutical Industry Development Agency  , and  also support our companies ’  advancement  into the  ‘ Korean-style New City Development Project ’ with the Tashkent regional government  . 

□ The main schedule during the dispatch period of this order support team  is as follows.

 ㅇ  On the morning of  Tuesday, April 8 , First Vice Minister Jin Hyun-hwan  met with the Vice Minister of Transportation to discuss the smooth progress of the new Tashkent – Samarkand high-speed railway line , which is currently undergoing  a feasibility study ^** with financial support from the Export-Import Bank of Korea’s Economic Development Cooperation Fund (EDCF ^* )  . 

    * EDCF (Economic Development Cooperation Fund) is a policy fund established in 1987 to support industrialization and economic development in developing countries and to promote economic exchanges between Korea and these countries.

   ** (Extension) New line approx. 268km / (Period) ‘24.12.~’26.3. / (Consortium) Saman, Dongmyeong, Korea Railroad Corporation, Korea Railroad Corporation

 ㅇ   Discuss ways to expand railway cooperation, such as  introducing the Korean railway system to new  lines and  existing tracks in the future and  exporting Korean  general railway vehicles . 

 ㅇ In addition,  we plan to  support winning airport business orders by  publicizing  the excellence of  our  technology  and  experience in  the Urgench International Airport facility expansion  and  operation / maintenance project ^* .

□ In the afternoon of the same day, Vice Minister Jin  will meet with   Director of the Innovation Development Agency Rajabbayev and  Deputy Director of the  Pharmaceutical Industry Development Agency Elmuratov to closely discuss ways  to strengthen cooperation between the two countries in  urban development and smart cities .

 ㅇ Our government  plans to  further  strengthen smart city cooperation between the two countries by  supporting development condition analysis  and  development plan establishment through  the  ‘ K-City Network  Program ^* ‘ in relation to the pharmaceutical cluster being developed by  the Uzbek government .

    * Program to share Korean smart city technology with overseas cities

 ㅇ On this day,  a three-party business agreement (MOU) was signed between  KIND , Innovation Development Agency , and Pharmaceutical Industry Promotion Agency,  and full-scale business cooperation will be promoted based  on this  . 

 ㅇ In addition,  we plan to listen to  difficulties and  suggestions regarding  overseas business through  a meeting of our construction companies that  have advanced into  Tashkent, Uzbekistan .

□   On the morning of Wednesday, April 9, Vice  Minister Jin  will meet with   Tashkent Governor Mirzayev to discuss  ways to strengthen cooperation between the two countries in  urban development and smart cities , as well as the ‘ Korean-style new city development project ^{* ’} proposed by our company .

* (Content) Promotion of a Korean-style new city (4.2km2) ^with     medical functions in the planned New Tashkent site in eastern Tashkent

 ㅇ In addition,  we plan to  visit the finance center BFC ^* that  our company is currently constructing  to  check the  progress of the project and  encourage the workers  on site .

    * (Content) Construction of an international business center with 3 underground floors and 33 above-ground floors in Tashkent City / (Period) ‘23.10.~’25.5.

□ Jin Hyun-hwan, First Vice Minister of Land, Infrastructure and Transport,  explained, “We plan to use this dispatch of the order support team as an opportunity to strengthen the cooperative system in the urban development sector with the Uzbek government  and  to activate  exchanges , ”  and added, “We will continue to  strengthen cooperation  between governments so that our companies  can  expand their  participation in the transportation infrastructure sector .”